July 28, 2014 1:50 AM ET

Household Durables

Company Overview of SVP Worldwide

Company Overview

SVP Worldwide designs, manufactures, and distributes sewing machines, embroidery machines, notions, and accessories globally. It offers overlock machines, quilting machines, garment care products, and embroidery software. The company was founded in 1851 and is based in LaVergne, Tennessee, with additional offices in the United States and Sweden. It has manufacturing facilities in Shanghai, China; and Juazeiro and Indaiatuba, Brazil. SVP Worldwide operates as a subsidiary of SVP Holdings Ltd.

1224 Heil Quaker Boulevard

LaVergne, TN 37086

United States

Founded in 1851

Phone:

615-213-0880

Fax:

615-213-0994

Key Executives for SVP Worldwide

Chief Executive Officer
Age: 48
Senior Vice President of Supply Chain
Senior Vice President of International Sales & Business Development
Global Vice President of Sales & Marketing
Age: 56
Vice President of Product Development
Compensation as of Fiscal Year 2014.

SVP Worldwide Key Developments

Kohlberg Reportedly Looking To Sell SVP Worldwide

Kohlberg & Company, L.L.C. is exploring a sale of SVP Worldwide that could fetch more than US$500-million, three people familiar with the matter said on March 12, 2014. SVP Worldwide is working with Harris Williams on the potential sale, the people said.

SVP Worldwide Launches TruEmbroidery(TM) Software, Complete Embroidery Software Designed for Mac(R) Computers

SVP Worldwide has announced the creation of a new embroidery software brand, TruEmbroidery(TM), dedicated to providing personal embroidery products exclusively for Mac(R) computers and compatible with most embroidery machines. The brand's first product, TruEmbroidery(TM) Software for Mac(R) computers, was unveiled as the sewing industry's premier embroidery software designed specifically for Mac(R) users. The launch of the comprehensive TruEmbroidery(TM) software system meets a growing consumer demand for Mac(R) compatible embroidery products. Apple reports that there are more than 66 million Mac(R) computer users worldwide present, a number that has tripled in just five years. Specifically across creative and design-focused industries, Mac(R) computers have long been embraced and incorporated, making TruEmbroidery(TM) software an ideal product for the personal embroidery market. The new TruEmbroidery(TM) software works exclusively with Mac(R) computers and the recently released OS X Mountain Lion operating system, which after exceeding three-million downloads within four days became Apple's most successful launch in history (Computer World, 2012). The comprehensive TruEmbroidery(TM) Software for Mac(R) computers incorporates many familiar Mac(R) elements, including gestures, simplified interfaces, user-friendly menus and drop-down boxes, and the ability to view multiple windows at once -- creating an entirely new embroidery software experience. TruEmbroidery(TM) Software for Mac(R) computers comes complete with three unique modules: TruE(TM) Studio, TruE(TM) Modify and TruE(TM) Create. Each module offers a multitude of designing, personalization and editing functionalities that bring embroidery designs to life. TruE(TM) Studio: Adjust, personalize and combine hundreds of embroidery designs, frames and flourishes. Allows access to more than 100 different fonts and countless lettering options. The TruE(TM) QuickCreate Assistant: Automatically create designs for personalized projects using 325 built-in clipart images or own imported image. Create standard embroidery with satin and fill areas. TruE(TM) Modify: Transform embroideries with the perfect touches, using morphing options. Automatically add basting stitches and trim commands, and optimize all designs for stitching out. TruE(TM) Create: Tap into unlimited embroidery design possibilities, creating designs from pictures with easy specialty effects and thousands of stitch effects including 250 fill patterns.

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